Trader Holding 1.38M HYPE with 5x Leverage Turns Profitable, Unrealized Gains Hit $12.9M

GateNews
HYPE6.87%
According to Lookonchain, trader 0x082e has held a long position of 1.38 million Hyperliquid (HYPE) tokens with 5x leverage since over six months ago, with an initial position size of around $66.3 million. The position faced unrealized losses exceeding $25 million as HYPE prices declined; however, following a recent rally in HYPE, the trader's unrealized profit now stands at approximately $12.9 million.
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